Establishes a separate excise tax rate for spirits-based cocktails in Maine.

This bill defines a "spirits-based cocktail" as an alcoholic beverage containing spirits with no more than 12% alcohol by volume. It sets a separate excise tax rate of 60 cents per gallon for these cocktails. The bill also outlines procedures for tax credits, refunds, and adjustments for various sales and destruction scenarios involving malt liquor, wine, spirits-based cocktails, and low-alcohol spirits products.

Establishes a separate excise tax rate for spirits-based cocktails in Maine.

This bill defines a "spirits-based cocktail" as an alcoholic beverage containing spirits with no more than 12% alcohol by volume. It sets a separate excise tax rate of 60 cents per gallon for these cocktails. The bill also outlines procedures for tax credits, refunds, and adjustments for various sales and destruction scenarios involving malt liquor, wine, spirits-based cocktails, and low-alcohol spirits products.